Close Menu
  • Indian Festivals 2026
  • Movie & OTT Releases This Week
  • News
  • Entertainment
  • NRI Life
  • Research
  • Advertise with us
Facebook X (Twitter) Instagram YouTube
  • Download Indian Community App
  • Advertise Here
Facebook X (Twitter) Instagram
Indian CommunityIndian Community
Trending
  • Adhey Neevu Adhey Nenu 2026 Movie Review: A Love Triangle That Hides a Deadly Secret
  • Hanuman Ansh 2026 Movie Review: A Soul-Stirring Tribute That Will Move You to Tears
  • Karmakhya 2026 Movie Review: Samuthirakani’s Brilliant Performance Powers This Thriller
  • Srinivasa Mangapuram Movie Review: 5 Reasons This Heartfelt Telugu Romance Is a Must-Watch Emotional Ride
  • Bhai Tera Star Hai (2026) Movie Review: Raghav Juyal Powers a Riotous London Caper
  • Spider-Man: Brand New Day 2026 Review: Tom Holland’s Heartbreaking Transformation Will Shatter You
  • The Bose Files: Sach Ya Sazish Movie Review: 4 Powerful Reasons This Gripping Netaji Drama Deserves a Watch
  • Adarsh Baal Vidyalaya Review: A Heartwarming Triumph on India’s Education System
  • Indian Festivals 2026
  • News
    • National
    • International
    • Entertainment
    • Achievements
    • Scam Alerts
    • Business
    • Health & Medicine
    • Science & Technology
    • Sports
  • Entertainment
  • Latest Movie Releases
    • Latest OTT Releases
  • NRI Life
  • India & Culture
  • Health & Wellness
  • Research
Indian CommunityIndian Community
Home » News » International
International

US Treasury Secretary says deal may be reached by Wednesday to reopen Strait of Hormuz

Indian Community Editorial TeamBy Indian Community Editorial TeamAugust 4, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
US Treasury Secretary says deal may be reached by Wednesday to reopen Strait of Hormuz
Share
Facebook Twitter LinkedIn Pinterest Email

Washington, Aug 4 (IANS) US Treasury Secretary Scott Bessent said Tuesday that a deal with Iran could be reached on Tuesday or Wednesday to reopen the Strait of Hormuz.

“We are in talks with the Iranians, and I think there is a chance we may have a deal today or tomorrow to open the strait and move towards a more normalised position in this conflict,” Bessent said in an interview with CNBC, Xinhua News Agency reported.

When asked whether Iran would be allowed to charge a toll on ships that pass through the Strait of Hormuz, the US Treasury Secretary said, “It would be freedom of movement.”

He added that prices should fall further when hundreds of ships stuck in the Gulf are able to exit, noting that the impact extends beyond energy to include fertilisers, refined petroleum products, and industrial gases.

US Secretary of State Marco Rubio said Tuesday that while the United States sees the denuclearisation of Iran as its “ultimate deal,” reopening of the Strait of Hormuz is the “immediate” one.

“So the denuclearisation of Iran is the ultimate deal. I think the immediate deal, the one that you see a lot of focus on, is the Strait,” Rubio told reporters.

There is no final agreement yet on the Strait of Hormuz, but “we’re hoping that will happen very shortly,” he added.

Iranian officials so far have made no response to the remarks.

Qatar confirmed on Tuesday that mediation efforts between the United States and Iran remain underway, with draft language for a possible agreement continuing to be exchanged between the two sides as regional mediators work to prevent further escalation.

Majed Al Ansari, adviser to Qatar’s prime minister and spokesperson for the Ministry of Foreign Affairs, said during a weekly press briefing that there were no direct talks scheduled between the United States and Iran but expressed hope that mediation efforts would soon lead to the resumption of negotiations.

On the possibility of reaching an agreement, Al Ansari said no timeline could be set.

–IANS

ksk/as

Add us to Google Preferred Sources
Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

Add A Comment

Hormuz deal with Oman in final stages: Iran

August 5, 2026

Bihar govt approves 19 special courts and PPP healthcare plan in Cabinet meeting

August 5, 2026

Jaipur deaf school protest: Raj govt suspends former principal, orders probe as Gehlot and Pilot back students

August 5, 2026

Football: Brazil midfielder Danilo on Atalanta radar

August 5, 2026
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
About Us
  • About Us
  • Contact Us
  • Terms of Service
Corporate
  • Download Indian Community App
  • Advertise Here
Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • Terms of Service
© 2026 Designed by CreativeMerchants.

Type above and press Enter to search. Press Esc to cancel.